Hawaiian Holdings Stock Z Score

HA Stock

USD 12.42 0.48 3.72%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Hawaiian Holdings Piotroski F Score and Hawaiian Holdings Valuation analysis.

For information on how to trade Hawaiian Stock refer to our How to Trade Hawaiian Stock guide.

At present, Hawaiian Holdings' Net Invested Capital is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 544.7 K, whereas Capital Surpluse is forecasted to decline to about 162.3 M. At present, Hawaiian Holdings' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 95.1 M, whereas Total Revenue is forecasted to decline to about 1.4 B.

Hawaiian Holdings Company Z Score Analysis

Hawaiian Holdings' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Hawaiian Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Hawaiian Holdings is extremely important. It helps to project a fair market value of Hawaiian Stock properly, considering its historical fundamentals such as Z Score. Since Hawaiian Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hawaiian Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hawaiian Holdings' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Short Term Investments	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.3	0.86	0.21	0.83	0.76	0.97	0.87	0.73	-0.87	0.54	0.78	0.82	0.97	0.86	0.74	0.74	-0.18	0.8	-0.83	-0.7	0.71	0.59	0.46
Total Stockholder Equity	0.3		-0.16	0.99	0.12	0.56	0.05	0.07	0.26	-0.47	0.28	-0.1	-0.23	0.33	0.54	0.45	-0.38	-0.66	0.26	-0.59	-0.34	-0.03	-0.12	-0.55
Net Debt	0.86	-0.16		-0.25	0.74	0.55	0.95	0.88	0.66	-0.58	0.27	0.9	0.95	0.81	0.6	0.57	0.95	0.2	0.72	-0.54	-0.53	0.81	0.76	0.72
Retained Earnings	0.21	0.99	-0.25		0.04	0.48	-0.05	-0.03	0.19	-0.38	0.18	-0.18	-0.34	0.25	0.45	0.39	-0.46	-0.72	0.21	-0.54	-0.32	-0.11	-0.2	-0.61
Accounts Payable	0.83	0.12	0.74	0.04		0.53	0.84	0.64	0.34	-0.77	0.5	0.66	0.73	0.84	0.72	0.81	0.7	-0.22	0.57	-0.69	-0.8	0.44	0.31	0.61
Net Receivables	0.76	0.56	0.55	0.48	0.53		0.64	0.73	0.73	-0.66	0.47	0.58	0.49	0.69	0.72	0.68	0.32	-0.1	0.55	-0.67	-0.54	0.54	0.59	0.01
Total Liab	0.97	0.05	0.95	-0.05	0.84	0.64		0.89	0.69	-0.78	0.49	0.85	0.93	0.93	0.76	0.66	0.88	-0.01	0.77	-0.71	-0.64	0.75	0.65	0.64
Total Current Assets	0.87	0.07	0.88	-0.03	0.64	0.73	0.89		0.7	-0.67	0.46	0.94	0.9	0.77	0.7	0.53	0.81	0.15	0.65	-0.65	-0.54	0.89	0.89	0.58
Short Term Debt	0.73	0.26	0.66	0.19	0.34	0.73	0.69	0.7		-0.6	0.38	0.54	0.6	0.7	0.68	0.41	0.48	0.14	0.67	-0.54	-0.21	0.55	0.59	0.05
Intangible Assets	-0.87	-0.47	-0.58	-0.38	-0.77	-0.66	-0.78	-0.67	-0.6		-0.78	-0.53	-0.63	-0.9	-0.94	-0.66	-0.49	0.38	-0.6	0.89	0.66	-0.39	-0.3	-0.27
Common Stock	0.54	0.28	0.27	0.18	0.5	0.47	0.49	0.46	0.38	-0.78		0.26	0.44	0.54	0.61	0.25	0.25	-0.16	0.2	-0.5	-0.29	0.12	0.13	0.13
Short Term Investments	0.78	-0.1	0.9	-0.18	0.66	0.58	0.85	0.94	0.54	-0.53	0.26		0.91	0.68	0.58	0.54	0.88	0.2	0.59	-0.56	-0.58	0.89	0.89	0.73
Long Term Debt	0.82	-0.23	0.95	-0.34	0.73	0.49	0.93	0.9	0.6	-0.63	0.44	0.91		0.77	0.6	0.47	0.97	0.27	0.62	-0.52	-0.45	0.8	0.77	0.79
Property Plant Equipment	0.97	0.33	0.81	0.25	0.84	0.69	0.93	0.77	0.7	-0.9	0.54	0.68	0.77		0.88	0.75	0.69	-0.29	0.8	-0.86	-0.68	0.59	0.44	0.43
Current Deferred Revenue	0.86	0.54	0.6	0.45	0.72	0.72	0.76	0.7	0.68	-0.94	0.61	0.58	0.6	0.88		0.79	0.48	-0.3	0.65	-0.9	-0.68	0.45	0.39	0.19
Net Tangible Assets	0.74	0.45	0.57	0.39	0.81	0.68	0.66	0.53	0.41	-0.66	0.25	0.54	0.47	0.75	0.79		0.44	-0.27	0.56	-0.72	-0.81	0.35	0.28	0.24
Long Term Debt Total	0.74	-0.38	0.95	-0.46	0.7	0.32	0.88	0.81	0.48	-0.49	0.25	0.88	0.97	0.69	0.48	0.44		0.3	0.58	-0.42	-0.44	0.77	0.71	0.88
Capital Surpluse	-0.18	-0.66	0.2	-0.72	-0.22	-0.1	-0.01	0.15	0.14	0.38	-0.16	0.2	0.27	-0.29	-0.3	-0.27	0.3		-0.22	0.55	0.5	0.21	0.43	0.25
Deferred Long Term Liab	0.8	0.26	0.72	0.21	0.57	0.55	0.77	0.65	0.67	-0.6	0.2	0.59	0.62	0.8	0.65	0.56	0.58	-0.22		-0.66	-0.49	0.63	0.45	0.28
Accumulated Depreciation	-0.83	-0.59	-0.54	-0.54	-0.69	-0.67	-0.71	-0.65	-0.54	0.89	-0.5	-0.56	-0.52	-0.86	-0.9	-0.72	-0.42	0.55	-0.66		0.78	-0.43	-0.33	-0.19
Short Long Term Debt	-0.7	-0.34	-0.53	-0.32	-0.8	-0.54	-0.64	-0.54	-0.21	0.66	-0.29	-0.58	-0.45	-0.68	-0.68	-0.81	-0.44	0.5	-0.49	0.78		-0.33	-0.26	-0.34
Net Invested Capital	0.71	-0.03	0.81	-0.11	0.44	0.54	0.75	0.89	0.55	-0.39	0.12	0.89	0.8	0.59	0.45	0.35	0.77	0.21	0.63	-0.43	-0.33		0.91	0.63
Net Working Capital	0.59	-0.12	0.76	-0.2	0.31	0.59	0.65	0.89	0.59	-0.3	0.13	0.89	0.77	0.44	0.39	0.28	0.71	0.43	0.45	-0.33	-0.26	0.91		0.53
Capital Stock	0.46	-0.55	0.72	-0.61	0.61	0.01	0.64	0.58	0.05	-0.27	0.13	0.73	0.79	0.43	0.19	0.24	0.88	0.25	0.28	-0.19	-0.34	0.63	0.53

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Hawaiian Holdings

According to the company's disclosures, Hawaiian Holdings has a Z Score of 0.0. This is 100.0% lower than that of the Passenger Airlines sector and 100.0% lower than that of the Industrials industry. The z score for all United States stocks is 100.0% higher than that of the company.

Hawaiian Holdings Institutional Holders

Institutional Holdings refers to the ownership stake in Hawaiian Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hawaiian Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hawaiian Holdings' value.

		Shares
State Street Corporation	2023-12-31	1.1 M
Eckert Corp	2023-12-31	1.1 M
Dimensional Fund Advisors, Inc.	2023-12-31	989.6 K
Woodline Partners Lp	2023-12-31	849 K
Jane Street Group, Llc	2023-12-31	837.1 K
Third Avenue Management Llc	2023-12-31	815.6 K
Nuveen Asset Management, Llc	2023-12-31	632.6 K
Water Island Capital Llc	2023-12-31	560.1 K
Northern Trust Corp	2023-12-31	463.5 K
Blackrock Inc	2023-12-31	5 M
Vanguard Group Inc	2023-12-31	2.7 M

Hawaiian Fundamentals

	Return On Equity	-3.11
	Return On Asset	-0.0572
	Profit Margin	(0.11) %
	Operating Margin	(0.22) %
	Current Valuation	1.89 B
	Shares Outstanding	51.85 M
	Shares Owned By Insiders	2.96 %
	Shares Owned By Institutions	74.94 %
	Number Of Shares Shorted	6.05 M
	Price To Earning	14.66 X
	Price To Book	7.07 X
	Price To Sales	0.25 X
	Revenue	2.72 B
	Gross Profit	227.08 M
	EBITDA	(149.5 M)
	Net Income	(260.49 M)
	Cash And Equivalents	1.43 B
	Cash Per Share	27.77 X
	Total Debt	2.04 B
	Debt To Equity	6.24 %
	Current Ratio	1.48 X
	Book Value Per Share	(0.78) X
	Cash Flow From Operations	(160 M)
	Short Ratio	8.41 X
	Earnings Per Share	(5.05) X
	Price To Earnings To Growth	(16.98) X
	Target Price	11.5
	Number Of Employees	7.36 K
	Beta	2.4
	Market Capitalization	648.63 M
	Total Asset	4.17 B
	Retained Earnings	(119.74 M)
	Working Capital	25.54 M
	Current Asset	740.98 M
	Current Liabilities	769.8 M
	Net Asset	4.17 B

About Hawaiian Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hawaiian Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hawaiian Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hawaiian Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Hawaiian Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hawaiian Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hawaiian Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hawaiian Holdings Stock:

How To Invest In Hawaiian

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Is Hawaiian Stock a good investment?

Details

What is Hawaiian Holdings' Net Worth?

Details

Largest Passenger Airlines Companies

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Largest Transportation Companies

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Check out Hawaiian Holdings Piotroski F Score and Hawaiian Holdings Valuation analysis.

For information on how to trade Hawaiian Stock refer to our How to Trade Hawaiian Stock guide.

Note that the Hawaiian Holdings information on this page should be used as a complementary analysis to other Hawaiian Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Hawaiian Holdings' price analysis, check to measure Hawaiian Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hawaiian Holdings is operating at the current time. Most of Hawaiian Holdings' value examination focuses on studying past and present price action to predict the probability of Hawaiian Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hawaiian Holdings' price. Additionally, you may evaluate how the addition of Hawaiian Holdings to your portfolios can decrease your overall portfolio volatility.

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Is Hawaiian Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hawaiian Holdings. If investors know Hawaiian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hawaiian Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.08)

Earnings Share

(5.05)

Revenue Per Share

53.199

Quarterly Revenue Growth

0.054

Return On Assets

(0.06)

The market value of Hawaiian Holdings is measured differently than its book value, which is the value of Hawaiian that is recorded on the company's balance sheet. Investors also form their own opinion of Hawaiian Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hawaiian Holdings' market value can be influenced by many factors that don't directly affect Hawaiian Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Hawaiian Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawaiian Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawaiian Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Hawaiian Holdings Stock Z Score

Hawaiian Holdings Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Hawaiian Z Score Driver Correlations

Hawaiian Holdings Institutional Holders

Hawaiian Fundamentals

About Hawaiian Holdings Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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